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Kadant Nordic Awarded Fabric Cleaning Equipment Order from Hiang Seng

Huskvarna, Sweden, July 26, 2017 – Kadant Nordic AB, a subsidiary of Kadant Inc. (NYSE: KAI), was awarded the order for an M-clean fabric cleaning system from Hiang Seng Fibre Container Company Ltd. of Bangkok, Thailand. The 14 M-clean fabric cleaning systems are scheduled to be shipped later this year for installation on five board machines at the mill.

“We are pleased to have been selected to supply our M-clean fabric cleaning system for this modernization project at Hiang Seng,” said Joakim Ostling, managing director of Kadant Nordic. “Hiang Seng has always been a leader in applying the latest automation and technologies to reduce process variation and ensure consistency of final product quality.”

The M-clean fabric cleaning system utilizes high-pressure water in combination with an effective evacuation and air knife system. The patented cleaning method offers excellent results in removing contaminants from the paper dryer fabrics without leaving moisture streaks or lowering paper quality. To date, more than 800 installations of the M-clean fabric cleaning system have been made throughout Europe, Asia, and North America.

About Kadant Nordic

Kadant Nordic AB, based in Huskvarna, Sweden, is a leading provider of paper machine fabric and roll cleaning systems. Its fluid-handling products and systems are used in papermaking and other industrial processes to enhance process efficiency and optimize energy utilization.

About Kadant

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with approximately 2,300 employees in 20 countries worldwide. For more information, visit

The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our customers, products, and technologies. Our actual results may differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s annual report on Form 10-K for the year ended December 31, 2016 and subsequent filings with the Securities and Exchange Commission. These include risks and uncertainties relating to adverse changes in global and local economic conditions; the variability and difficulty in accurately predicting revenues from large capital equipment and systems projects; the variability and uncertainties in sales of capital equipment in China; currency fluctuations; our customers’ ability to obtain financing for capital equipment projects; changes in government regulations and policies; oriented strand board market and levels of residential construction activity; development and use of digital media; price increases or shortages of raw materials; dependence on certain suppliers; international sales and operations; economic conditions and regulatory changes caused by the United Kingdom’s likely exit from the European Union; disruption in production; our acquisition strategy; our internal growth strategy; competition; soundness of suppliers and customers; our effective tax rate; future restructurings; soundness of financial institutions; our debt obligations; restrictions in our credit agreement; loss of key personnel; reliance on third-party research; protection of patents and proprietary rights; failure of our information systems or breaches of data security; fluctuations in our share price; and anti-takeover provisions. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. 

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